I would go ahead apply for offer and at the same time join Penfed membership. Your offer already have a Apr offer of 17.99 and a 12 month 0% transfer offer. Good luck if you decide to apply and pls keep us posted!
I personally would not go for it unless you need it.. That is the highest APR for that card and that card has no rewards. Ideally one would get the lowest APR with that card. If you aren't in need of that card for credit or 0% whatever I would hold off for better terms or until your CR is in better shape for better terms. Just my 2 cents.
Congratulations on your offer!
I would go forward with it as it's a solid forward step for your credit profile at this stage and opens up other PenFed opportunties.
The fact they offered you a preapproval with set terms is nothing to sneeze at. It CAN lead to better term PenFed Cards and attainable products from them.
Best Of Luck!
Thanks @CreditCuriosity. Appreciate the info about the APR. If I did get approval I would used the 0.00%!balance transfer. Just don’t know if it would be a low s/l approval. Something to think about. Thanks for weighing in.
CC did make an excellent point. You could also just join for membership to at least start ageing your membership.
Hopefully, it'll be SP to join.